2018 Overview

General Bank Information

Norwood Co-operative Bank is an FDIC insured institution located in Norwood, MA. It was founded in 1889 and has approximately $0.51 billion in assets.

For a more detailed analysis of Norwood Co-operative Bank's financial condition and a description of what these numbers mean, please visit the Financial
Details section.

Bank Loan Profile?

The top three loan types in Norwood Co-operative Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Massachusetts, Norwood Co-operative Bank has a significantly higher percent of Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.

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Branches

Norwood Co-operative Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia

Norwood Co-operative Bank Locations

Financial Details

Norwood Co-operative Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Norwood Co-operative Bank.
The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio

Norwood Co-operative Bank

U.S. Bank Average

0%

7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned)
with its the bank’s tangible common equity and its loan loss reserves.
A lower Texas ratio indicates better coverage of problem loans.
The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank
has to absorb its loan losses.

As of June 30, 2018,
Norwood Co-operative Bank had $0 in non-current loans and $0 in owned real estate.
To cover these potential losses it had $71,787,000 in equity and $3,263,000 in loans loss reserves.
That gives it a Texas Ratio of 0%.

Return on Equity

Norwood Co-operative Bank

U.S. Bank Average

7.89%

9.77%

Norwood Co-operative Bank has a Return on Equity of 7.89% versus the BestCashCow average of 9.77%.
Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run.
A bank with a consistently low ROE can be considered poorly run.

Capitalization

Norwood Co-operative Bank

U.S. Bank Average

14.09%

12.31%

Norwood Co-operative Bank has a Capitalization of 14.09% versus the BestCashCow average of 12.31.
Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet.
The higher the capitalization number the more secure a bank is considered.

Norwood Co-operative Bank Balance Sheet Analysis

As of June 30, 2018,
Norwood Co-operative Bank had assets of $509,535,000, loans of $416,964,000, and deposits of $413,304,000.
Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets.
Loan and asset growth may rise or fall depending on a bank's strategy for growth.
Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending.
A big change in these figured can also be from a bank acquisition or merger.